Iraqi Dinar Guru opinions 8-12-18
Iraqi Dinar Guru opinions 8-12-18
8-12-2018 Newshound Guru Mailman17 THE AMOUNT OF INVESTMENT IN IRAQ HAS NOTHING TO DO WITH THE VALUE RAISING. THEY ARE NOT GONNA START AT 1190, WITH THE PREMISE THAT LOWER DENOMS WILL COME OUT AS NEEDED. IF THAT WERE THE CASE NO ONE INSIDE IRAQ WOULD TRADE THEIR DINAR IN OR PUT IT IN BANKS OR INVEST IN THE ISX LET ALONE US AT HOME. A FLOAT IS IN NO WAY AN OPTION ESPECIALLY WITH ITS EFFECT ON SHARES IN THE ISX. INVESTMENT WILL COME WHEN THE DINAR COMES OUT AT A STABLE RATE LIKE 1-1 AS PROMISED BY SHABBIBI AND THEN A MANAGED FLOAT TO MAINTAIN INFLATION. ITS COMING. THEY HAVE TIPPED THEIR HAND WITH TOO MUCH INFO COMING FROM THE CBI. A FLOAT FROM 1190 IS NOT AN OPTION. JMHO
8-12-2018 Intel Guru Delta BECAUSE OF IRAN SITUATION THE DEMAND FOR $$ WILL INCREASE IN IRAQ AND THAT MIGHT CAUSE MORE THAN 2%… THAT’S WHY CBI HAVE TO MOVE VERY FAST ASAP…
8-12-2018 Newshound/Intel Guru Mnt Goat So what is the impact going to be of these sanctions being put on Iran? …we know that Iraq is desperately trying to stay neutral when it comes to Iran. There is significant gains for both countries by being trading partners. They have trading agreements and exporting to Iran can definitely help them through the embargo. But food is not all they want from Iraq. Now more then ever they want the US dollars. So where do these dollars come from? They come from the currency auctions of course and so you can see the need now for a greater push to clean up this side of the corruption and maybe even stop these auctions altogether.
8-12-2018 Newshound/Intel Guru Mnt Goat Yes, they are under great pressure to get rid of the Iranian influence in the political process more than ever. If they do not clean this up, it is only going to get real bad for Iraq once these sanctions kick in fully during November. …much of this delay in getting the government formed is due to the efforts to clean out the corrupt politicians and Iranian influence… …any corrupt Iranians in the Iraqi political process would play the same old games with the wealth from the CBI. They would use legitimate reconstruction contracts that never get completed and funds taken, fake banks, illegal banking loans to take funds out of the CBI reserves to give to the Iranian to help them through these sanctions, which are going to be the MOST severe yet placed on them come November.
8-12-2018 Newshound/Intel Guru Mnt Goat Article: “Iraqi Prime Minister Haider al-Abadi’s comments that his country would abide by US sanctions has taken Iranian media by surprise.” Quote: “As a matter of principle, we are against sanctions in the region,” Abadi said at a press conference Aug. 8. “Blockade and sanctions destroy societies and weaken regimes.” He added that they are a “strategic mistake” but that Iraq “will abide by them.” …of course Abadi has to comply with the US request for these sanctions if he wants to be prime minister again. This is NOT such a bad thing…just so you know… This is all going to get real sticky and Iran will try anything to get the CBI funds. They are going to get real desperate with their neighbors.
8-11-2018 Newshound/Intel Guru Mnt Goat Could this election saga finally be coming to an end? Its only 3 weeks from September. Will they try to drag this out until then? And even when they do finally announce the new parliament and prime minister then what? Will the CBI pull the trigger on the reinstatement of the dinar? Is the reinstatement already being slowly rolled out behind our backs? We see ISX going international already. Yes, there is a process to this SLOW rollout and DR Shabibi himself told us this is NOT going to be a sudden triggered event…but a very slow process. He said it would take months to complete. Will the CBI complete the “project to delete the zeros”? This is what is going to bring us a significant change in the value of the dinar. Will the CBI finally launch the lower category notes? We know when they do this there will have to be some adjustment to the rate of the dinar to coincide.
8-11-2018 Newshound Guru sandyf Only dinarland would make an issue out of the word “SPECIMEN”, wouldn’t cross their mind that it may have something to do with standards on the reproduction of banknote images. Quotes: “Every country has legal restrictions on the reproduction of banknote images. The counterfeiting of currency is a crime, and while restrictions vary from country to country, in some countries, any reproduction of banknote images – even for artistic or advertising uses – is strictly forbidden. Even in countries that allow some limited use of banknote images, there are specific rules and requirements…” “…Reproductions shall be depicted proportionally and the image shall be larger or smaller than a genuine banknote. Reproductions shall contain the word “SPECIMEN” in bold lettering diagonally across the image.”
8-11-2018 Newshound Guru Kaperoni Very interesting announcement today from currency dealer…they now or [are] allowing customers to exchange dinar for cash USD on the spot and all locations.
8-11-2018 Newshound Guru Breitling …This all does tie with Iraq…one of the things is Iran…we were not too sure if Europe was going to participate with the United States in the sanctions against Iran. That puts pressure on Iran financially. Well guess what? That puts pressure on Iraq financially. Because now Iran is going to depend on Iraq even more…this is a big plus for us.
8-11-2018 Newshound Guru Breitling  …Iraq just watching the markets. If they go below a certain price per barrel…again I don’t know exactly what that price per barrel is…but it’s in the low 60’s the high 50’s and they start to sweat…it’s not good. They can maintain but they don’t want to maintain. They’re like everyone else, they want an insurance policy. In fact they want to go beyond an insurance policy and they want the success to be endless. That’s what’s going on, so you have Iraq with the market pressure and now you have the pressure coming from Iran. And it’s heavy, huge and real. That’s what they talked about. That’s what’s going on. So that’s the report I got from Iraq.
8-11-2018 Newshound Guru Kaperoni …the dinar cannot be international at 1190 $1…Sure it can and it will! At least start there…for how long it stays there I have no answer but it’ll rise based on supply and demand and economic principles…people…are going to be extremely disappointed when the CBI moves from fixed to float and the exchange rate is 1190. The value of the Iraqi dinar will be directly related to the amount of investment that flows into the CBI’s capital account, that economic pressure will create inflation which the CBI will raise the value to counter…the rate is 1190 until the CBI decides to change it.
I do expect it to rise fairly quickly over a 6 months to a year. But again that’ll be directly related to the amount of investment that comes in to participate in the reconstruction of Iraq
8-11-2018 Newshound Guru Kaperoni …Iraq would be just fine if they were in Article VIII with an 1190 valued currency. Yes we all know it deserves to be higher…many experts believe it is extremely undervalued. But that is what floating a currency is all about allowing market forces to dictate a country’s exchange rate. So we will all find out if the Balassa Samuelson effect is in play and large amounts of capital come into Iraq to rebuild and investors around the world believe that the currency is undervalued.